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Search Results 0 to 11 of about 12 (some duplicates have been removed)
Sep 27, 2011 7:00pm EDT
we should make of the latest numbers. >> reporter: in their ferndale, michigan, home, ray and brianna scott are underwater. deep underwater. >> it's terrible. it's... it's not the way it should be. >> reporter: six years ago, they bought the house they're raising their two sons in for $132,000. but we have been a slight increase in value in recent months, it's now worth only about $80,000. >> we're $50,000, roughly, in the hole. we're probably never going to get that back. >> reporter: not at this race. the case shiller survey found in 18 of 20 metropolitan areas, house prices have declined over the past year. only detroit and washington, d.c. have seen slight gains. what will it take for the housing to get bet recovery? >> why is there going to be a housing recovery? >> reporter: economist robert shiller, co-founder of the case shiller index, has tracked home values back to 1890. >> home prices are not high anymore but they're not low by historical standards. so if confidence were to slip more home prices could fall further. >> reporter: shiller's chart shows that, leaving out the ho
Sep 1, 2011 5:30pm PDT
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Sep 16, 2011 5:30pm PDT
to be a huge shift. >> reporter: she'll get no argument from 85-year-old michigan democrat john dingell, the longest-serving congressman. >> is there anyone among us here that are proud that we could not produce a budget? that we caused the downgrading of the u.s. government securities? >> reporter: several lawmakers came back from the august break saying they'd got the message and want to work together. but jacquelyn sturgess of chicago is skeptical. she has heard it before. >> what is the problem when some of the best-educated people in this nation cannot sit down and bring a resolution to a problem plaguing this country? would someone please explain that to me? >> reporter: americans are split over how the president should deal with congress. about a third think he should go along with republicans more. a little more than a third think he should challenge republicans more. the rest, scott, think he's doing about the best he can. >> pelley: thanks, nancy. there was something else we noticed in the poll about congress. we've been taking these polls for decades, and almost always when f
Sep 26, 2011 5:30pm PDT
are far from anointing a front-runner. on sunday after appearing at another straw poll in michigan perry was crushed by top rival mitt romney who grew up in the state. after his lackluster debate performance, perry reportedly told party leaders he was tired but conservative insiders are actively trying to find another candidate to get in the race. several have reached out to new jersey governor chris christie who so far has flatly rejected invitations to jump in. >> i said, what do i have to do short of suicide to convince people i'm not running? >> reporter: as for rick perry, scott, his stumbles particularly hurt at this time because he's out there crisscrossing the country, meeting potential donors and trying to persuade them to give some big-time money for his new campaign. >> reporter: jan, thank you very much. there has been another major breach of security around the u.s. embassy compound in kabul, afghanistan. today one american was killed, another wounded when a gunman opened fire inside the c.i.a. station there. two weeks ago, the embassy was under siege for more than 20 hours
Search Results 0 to 11 of about 12 (some duplicates have been removed)